Deloitte Introduces 'Blockchain In a Box' Technology Platform
Deloitte has launched its "Blockchain in a Box" (BIAB) technology platform. The BIAB technology can be used for blockchain demonstrations and experimentations.
A recent Global Blockchain Survey 2019 from Deloitte revealed eighty-three percent of the survey respondents see compelling use cases for blockchain. The blockchain technology has become a critical priority for organization in 2019, the announcement notes.
Executive Opinion
Principal, Deloitte Consulting LLP and U.S. blockchain leader, Linda Pawczuk, said, "Deloitte custom built this solution based on client interest in understanding blockchain capabilities in live interactions. What's often misunderstood about blockchain is that it is an entirety of a technology solution — when in reality, it's a technology component that enables larger business applications and approaches. Our mobile demonstration is practical, tactical and most importantly, tangible to clients."Principal, Deloitte & Touche LLP, Chih-Wei Yi, said, "Each time we have used the BIAB to facilitate exploration, the reaction is that of curiosity and excitement where the audience leaves with a deeper understanding of blockchain and how the use cases are implemented. It helps to demystify blockchain and is a refreshing and well-grounded approach versus traditional slideware-based demonstrations."
Blockchain in a Box (BIAB) Technology
Blockchain in a Box is a self-contained technology platform. It consists of four small-form-factor compute nodes and three video displays. Every compute node has a provision for Secure Digital (SD) card media. The solution also sports networking components and helps in integration with external services, such as traditional cloud technologies. The platform is capable of hosting the blockchain-based solution on all four compute nodes, the announcement says.Deloitte has already demoed Blockchain in a Box (BIAB) platform to its clients. The BAIB is also demonstrated to the broader blockchain and emerging technology community at multiple conferences, including Consensus 2019.
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Mandar Pise
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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